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The Leader's Dilemma


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Table of Contents

Foreword. Preface. Some definitions. Introduction. The organization as an adaptive system. 1 Principle #1 - Values. Bind people to a common cause, not a central plan. 2 Principle #2 - Governance. Govern through shared values and sound judgment, not detailed rules and regulations. 3 Principle #3 - Transparency. Make information open and transparent; don't restrict and control it. 4 Principle #4 - Teams. Organize around a seamless network of accountable teams, not centralized functions. 5 Principle #5 - Trust. Trust teams to regulate and improve their performance; don't micro-manage them. 6 Principle #6 - Accountability. Base accountability on holistic criteria and peer reviews, not on hierarchical relationships. 7 Principle #7 - Goals. Set ambitious medium-term goals, not short-term fixed targets. 8 Principle #8 - Rewards. Base rewards on relative performance, not fixed targets. 9 Principle #9 - Planning. Make planning a continuous and inclusive process, not a top-down annual event. 10 Principle #10 - Coordination. Coordinate interactions dynamically, not through annual budgets. 11 Principle #11 - Resources. Make resources available just-in-time, not just-in-case. 12 Principle #12 - Controls. Base controls on fast, frequent feedback, not on budget variances. 13 Implementation insights. 14 Make management change your legacy. Notes. Index.

About the Author

Jeremy Hope is co-founder of the Beyond Budgeting Round Table, a not-for-profit collaborative dedicated to helping organizations improve their management models. He is a chartered accountant and a co-author of Transforming the Bottom Line , Competing in the Third Wave and Beyond Budgeting . He is also author of Reinventing the CFO . He lives in West Yorkshire, England and can be contacted at . Peter Bunce is a co-founder of the Beyond Budgeting Round Table (BBRT), a not-for-profit collaborative dedicated to helping organizations improve their management models. He is a Chartered Engineer and has held various posts in manufacturing engineering and collaborative research. He lives in Hampshire, England and can be contacted at . Franz Roosli is a professor and management trainer at the University of Applied Sciences North Western Switzerland (FHNW) and Director of the Beyond Budgeting Round Table (BBRT), an international shared learning network for management development. He has experienced many years in management positions in different industries. He lives in Switzerland and can be contacted at .

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